asked 122k views
15 votes
If the money multiplier is 3 and the fed wants to increase the money supply by $900,000, it could:.

asked
User Dsych
by
7.6k points

1 Answer

3 votes

Answer:

buy $300,000 worth of bonds

Step-by-step explanation:

Hope this helps:)...if not then sorry for wasting your time and may God bless you:)

answered
User Yaminah
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8.8k points

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